SAS to add 28 destinations in Greece

The Chief Executive Board of Star Alliance, of which SAS Scandinavian Airlines is a founding member, has accepted the membership application of Aegean Airlines, the largest airline in Greece. This means SAS soon can offer its customers 28 new destinations in Greece. SAS currently operates 10 flights a week from both Copenhagen and Stockholm, which will connect smoothly to Aegean’s wide network. Aegean’s destinations include the islands of Corfu, Kefalonia, Kos, Mykonos, Rhodes and Santorini, amongst others. Aegean Airlines has operated for 10 years and operates a fleet of 31 aircraft covering a total of 47 domestic and international routes Read more

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Hamilton Sundstrand starts Boeing 787 engines

Hamilton Sundstrand variable frequency starter generators successfully started the Rolls-Royce Trent 1000 engines on the Boeing 787 Dreamliner. The engine start occurred May 21 on Boeing’s ZA001 development aircraft at Boeing’s Everett, Wash., facility. There are six starter generators on each Boeing 787: two auxiliary starter generators on the Hamilton Sundstrand-supplied Auxiliary Power Unit (APU), and two variable frequency starter generators (VFSGs) mounted on each Trent 1000 main engine.

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TAG Aviation expands in Hong Kong

TAG Aviation Asia Ltd, a subsidiary of TAG Aviation Holding S.A. from Switzerland, officially announced the business expansion of its aircraft charter, aircraft management, aircraft completion monitoring and aircraft brokerage services in Hong Kong. The company has hired additional staff and moved into larger offices in Wanchai in a response to growing demand for their services. Established in Hong Kong in 2006, TAG Aviation Asia Ltd is responsible for the Asian expansion of parent company TAG Aviation’s global business aircraft services. TAG Aviation Asia Ltd offers its clients the benefits of centralized aircraft operations support and local service to Asian Read more

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HEICO Corporation reports Fiscal 2009 second quarter results

HEICO Corporation reported net income of $10,541,000 for the second quarter of fiscal 2009, compared to $11,948,000 for the second quarter of fiscal 2008 and $11,317,000 for the first quarter of fiscal 2009, which included a $1.1 million benefit from settling an income tax audit. For the first six months of fiscal 2009, net income was $21,858,000 comparable to the $22,034,000 reported for the first six months of fiscal 2008.

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GE Aviation supports adoption of WiTNESSS with its wireless sensor technology

GE Aviation is to develop wireless data gathering and transmission technology for aircraft applications in support of the WiTNESSS (WIreless Technologies for Novel Enhancement of Systems and Structures Serviceability) initiative. Data transfer is essential for many aircraft health monitoring and test instrumentation applications on fixed-wing aircraft, helicopters and engine test beds. The potential advantages of transferring the data wirelessly, for these applications, are many and include: a significant weight saving; simplified integration (as there are no wires/cables to route); and easier access to the data. Conversely, the absence of flight-critical data in these applications makes them an ideal proving ground Read more

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Bristow acquires 42.5% of Lider, Brazil's largest helicopter services company

Bristow Group has acquired 42.5% of Lider Aviacao Holding S.A., Brazil’s largest provider of helicopter and executive aviation services. Founded in 1958, Lider operates the largest helicopter fleet in Brazil, with 46 helicopters serving the oil and gas industry, representing approximately 50% of the oil and gas market in Brazil. Its helicopter operation is the most profitable business segment and has been growing revenues at a compounded annual rate of over 22% in the past three years. Lider’s fleet has 46 helicopters and 29 charter aircraft. At December 31, 2008, there were approximately 1,480 employees. Lider generated approximately $305 million Read more

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GE Rolls-Royce fighter engine team launches path to flight test

The GE Rolls-Royce Fighter Engine Team has launched its flight clearance certification review, a process that will prepare the F136 engine for flight testing over the next several months. Following flight certification, the first F136-powered F-35 Lightning II will take to the air in early 2011, in alignment with Lockheed Martin

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El Al reports results for first quarter of 2009

El Al Israel Airlines reports first quarter of 2009 financial Results. Revenues in the first quarter amounted to $346.7 million compared to $469.3 in the same quarter last year, a drop of about 26%. The decline in revenues from operations is mainly due to a decrease of about 13% in the number of passengers, compared to the first quarter of 2008, and a decrease in the average revenue per passenger kilometer. The net loss in the first quarter of 2009 amounted to $39.8 million compared to a net loss of $50 million in the same quarter last year.

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